ACCC proposes to grant authorisation to IATA tariff coordination system
The Australian Competition and Consumer Commission has issued a draft determination proposing to grant authorisation to the International Air Transport Association for its new passenger tariff coordination system. The ACCC is also proposing to extend authorisation to the current system.
"The ACCC considers that IATA has made significant steps to address the ACCC's previous competition concerns regarding the sharing of information and the impact of IATA fares in the market," ACCC Chairman, Mr Graeme Samuel, said today.
On balance, the ACCC considers that the public benefits of the new system are likely to outweigh the public detriments.
The ACCC's draft determination will be available from the ACCC website.
The ACCC is seeking submissions from interested parties in relation to its draft determination. Submissions can be made to: The General Manager, Adjudication Branch, Australian Competition and Consumer Commission, GPO Box 3131, Canberra, ACT, 2601. Submissions can also be lodged by fax on (02) 6243 1121 or by email to: adjudication@accc.gov.au.
* Authorisation provides protection from court action for conduct or arrangements that might otherwise raise concerns under the competition provisions of the Trade Practices Act 1974. Authorisation is granted where the ACCC is satisfied that the benefit to the public from the conduct outweighs any public detriment. A party to whom authorisation had been granted may also apply to the ACCC for a minor variation of that authorisation.
